Commenting on the development, Yogesh Mahansaria from the Mahansaria family says, "We have known Trelleborg over the last two decades and deeply respect their progressive and entrepreneurial business spirit. Through this joint venture, we look forward to providing technologically advanced products of global standards to the ever-evolving Indian two-wheeler tire market." He further elaborates that the joint venture is in alignment with the Indian Government's "Make in India" initiative as it will help bring foreign technology and capital to India for manufacturing locally and serving Indian as well as global markets.

The Mahansaria family has more than 30 years of experience in the tire industry. During this period, they have built two industry leading businesses (Balkrishna Industries Limited; Alliance Tyre Group) in the field of Off Highway Tires. The Mahansaria family, along with other shareholders, sold their shareholding in ATG to Yokohama Rubber Company, Japan in 2016.

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